Real estate can grow cash flow and long term wealth when the loan fits the plan. Mike Wright structures investment financing that supports rentals, second homes, and portfolios. He explains DSCR and conventional options, reserves, and income rules, then keeps your file moving to a calm closing. Office at 2130 Main St, Suite 250, Huntington Beach. Licensed in AZ, CA, FL, ID, TN, and WY.
Debt Service Coverage Ratio loans focus on property income rather than personal income. Lenders review market or lease rents compared with the proposed payment and costs. This can help investors who value a simple, asset focused approval. Mike Wright confirms rent figures, models DSCR outcomes, and aligns loan terms with your target cash flow and hold period.
Conventional loans remain a strong choice for many investors. They provide clear guidelines, competitive pricing, and support for single family homes and many condos. You can finance a rental or a second home with terms that fit your goals. Mike Wright shows payment, cash to close, and reserve expectations, then helps you decide which structure best balances cost and flexibility.
Income rules differ for short term and long term rentals. Some lenders use market rents, others require a lease history, and some review a professional rent schedule. Mike Wright explains how each approach affects qualifying income and pricing. He coordinates appraisal and rent reports, then helps you set a plan that matches your nightly or annual rental strategy.
Investment loans often require larger down payments and set reserve minimums. These factors influence approval and pricing. A higher down payment can improve terms and monthly cost, while strong reserves add stability. Mike Wright builds side by side scenarios that show cash to close, expected payment, and long term cost so you can choose a structure that fits your risk tolerance.
Ownership and property type can affect guidelines and timing. Some lenders allow title in an LLC after closing, while others prefer individual vesting at funding. Condo and multi unit properties may add review steps. Mike Wright outlines options, coordinates documents, and keeps all parties aligned so vesting choices and property details do not slow your path to funding.
Your first loan should support entry and cash flow. As equity grows and income seasons, a refinance can lower costs or release funds for the next purchase. Mike Wright tracks key milestones such as rate shifts and equity levels, then reviews the numbers at smart checkpoints. The result is a practical plan for today and a strategy for future growth.
You get a lending partner who understands rental cash flow and investor goals. Based in Huntington Beach and serving California as the main location, Mike Wright is licensed in AZ, CA, FL, ID, TN, and WY. He compares DSCR and conventional paths, coordinates appraisal and rent work, and manages each step so your investment loan closes smoothly.
Start here to learn how DSCR works, how lenders use rent figures, and how down payment and reserves affect pricing. See options for short term and long term rentals, title and vesting choices, and when a cash out refinance can support growth. Mike Wright provides clear steps from pre approval to closing so your investments stay organized and on plan.
It is financing for a home you do not occupy as a primary residence. Lenders review income, reserves, and property details, and pricing differs from a primary home. Options include conventional loans and DSCR programs that focus on property cash flow. Mike Wright explains the rules and helps match a loan to your plan.
A DSCR loan evaluates the property based on rental income compared with the new payment and costs. This can simplify approval and reduce reliance on personal income calculations. It is useful for investors who value asset based underwriting. Mike Wright confirms rent figures, models DSCR ratios, and aligns terms with your cash flow targets.
Requirements vary by loan type, property, and credit. Many investment loans ask for a larger down payment and set reserve minimums. More equity and stronger reserves can improve pricing and approval strength. Mike Wright provides clear scenarios that show cash to close, monthly cost, and long term impact so you can choose with confidence.
Some lenders allow short term rental income using a professional rent schedule, while others prefer a lease history or market rents. Rules vary by program. Mike Wright identifies lenders that fit your strategy, coordinates rent documentation, and shows how each method affects qualifying income and pricing.
Many lenders fund in an individual name and may allow transfer to an LLC after closing, subject to program rules and legal advice. Others permit entity vesting with conditions. Mike Wright outlines options with your advisor, confirms lender rules, and keeps paperwork aligned so your vesting choice does not slow funding.
You can use fixed or adjustable rate loans, and some programs offer interest only periods to support cash flow. DSCR and conventional paths each have strengths. Mike Wright compares payment, total interest, and flexibility across choices, then recommends a structure that suits your hold period and risk profile.
Yes. A cash out refinance can access equity for renovations, debt consolidation, or future purchases. The choice depends on rates, costs, and time in the property. Mike Wright reviews break even timelines, cash flow impact, and long term costs so you can decide if cash out supports your plan.
You receive lender choice, clear numbers, and steady communication. Mike Wright understands investor needs, coordinates appraisal and rent work, and manages timelines. With a Huntington Beach office and statewide service in California, you get local insight and a straightforward path from pre approval to funding.
